GEE Group Inc.
For the period ended Mar 31, 2025. Filed May 14, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2025 · Filed May 14, 2025
JOB$0.19+2.9%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited)
(Amounts in thousands except per share data)
| Three Months Ended · Six Months Ended | ||||
|---|---|---|---|---|
| March 31, | March 31, | |||
| 2025 | 2024 | 2025 | 2024 | |
| NET REVENUES: | ||||
| Contract staffing services | $21,495 | $23,134 | $43,009 | $48,216 |
| Direct hire placement services | 3,000 | 2,455 | 5,511 | 5,510 |
| NET REVENUES | 24,495 | 25,589 | 48,520 | 53,726 |
| Cost of contract services | 16,135 | 17,196 | 32,234 | 35,997 |
| GROSS PROFIT | 8,360 | 8,393 | 16,286 | 17,729 |
| Selling, general and administrative expenses | 9,305 | 9,556 | 17,744 | 19,738 |
| Depreciation expense | 50 | 66 | 105 | 138 |
| Amortization of intangible assets | 225 | 719 | 430 | 1,439 |
| Goodwill impairment charge | 22,000 | - | 22,000 | - |
| LOSS FROM OPERATIONS | (23,220) | (1,948) | (23,993) | (3,586) |
| Interest expense | (89) | (65) | (155) | (134) |
| Interest income | 139 | 179 | 294 | 369 |
| LOSS FROM CONTINUING OPERATIONS BEFORE INCOME TAX PROVISION | (23,170) | (1,834) | (23,854) | (3,351) |
| Provision for income tax (expense) benefit attributable to continuing operations | (9,786) | 915 | (9,786) | 915 |
| LOSS FROM CONTINUING OPERATIONS | (32,956) | (919) | (33,640) | (2,436) |
| Loss from discontinued operations, net of tax | (163) | (89) | (171) | (127) |
| CONSOLIDATED NET LOSS | $(33,119) | $(1,008) | $(33,811) | $(2,563) |
| WEIGHTED AVERAGE SHARES OUTSTANDING - BASIC AND DILUTED | 109,413 | 108,772 | 109,413 | 109,339 |
| BASIC AND DILUTED LOSS PER SHARE | ||||
| From continuing operations | $(0.30) | $(0.01) | $(0.31) | $(0.02) |
| From discontinued operations | $(0.00) | $(0.00) | $(0.00) | $(0.00) |
| Consolidated net loss per share | $(0.30) | $(0.01) | $(0.31) | $(0.02) |
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